On 15 February 2007, TEO LT, AB (hereinafter TEO or “the Company”), following the Board permission of 16 March 2006, sold OOO Comliet-Kaliningrad, a company in the Russian Federation, that the Company on 31 January 2006 took over from its then subsidiary UAB Comliet (owned 95 per cent of OOO Comliet-Kaliningrad) and UAB Comliet Sprendimai, a subsidiary of UAB Comliet, (owned 5 per cent of the company). Paulius Pakutinskas, Senior Executive Legal Adviser, tel. +370 5 236 73 30